ESBD_411249_1744812785718_05. Appendix B - Early Payment Program.pdf

This document is an Early Payment Program (EPP) enrollment form from the Texas Department of Transportation (TxDOT), developed in partnership with Oxygen Finance Americas, Inc. The form allows TxDOT vendors to participate in a program offering enhanced financial flexibility, with key benefits including electronic invoice submissions, quick rejection notices within one business day, faster payments typically within 10 business days, monthly remittance statements for vendor reconciliation, and dedicated supplier support specialists to assist vendors through invoicing and payment processes.

The EPP enables vendors to enroll with flexible payment terms, potentially including % / 10 Days / Net 30 options, and allows Texas State Agencies to make early payments to vendors with a discount. Vendors must complete the form by providing company details, contact information, and indicating their interest in the program. The document includes a link to the Oxygen Network Supplier Terms of Use and notes that direct deposits may take 1-3 business days after the payment date, with paper checks potentially taking up to 5 business days to receive.